Nearly five million adults have yet to fly the nest – with the UK’s soaring house prices to blame. Census figures show the numbers living at home soared by 15% to 4.9 million between 2011 and 2021. Only yesterday a segment of Radio 4 was dedicated to the housing crisis after research by the Financial Times and data journalist John Burn-Murdoch found the most common situation for young adults (18-34) is now one in which they live with their parents and not with a spouse and children. The last time houses were this hard to afford, John’s research suggests, Queen Victoria was on the throne. This …
